Mr. Speaker, the meeting that will be taking place next week, which is now in place in Buenos Aires, is very important for Canada and the world.

Canada will be taking a leading role in helping international communities to develop timetables and targets for the reduction of greenhouse gases through defining flexibility mechanisms.

We will also be encouraging developing nations to take a role and to help them to understand how this issue is a win, win, win situation. It is a win for the environment, a win for sustainable development in development countries, and a win for our economy and our goal to achieve greenhouse gas reductions.